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Argentinean Entities Ratings Affirmed After Sovereign Affirmation, Removed From CreditWatch Jun 01

Standard & Poors, June 2001

Abstract
NEW YORK (Standard & Poor's CreditWire) June 7, 2001--Standard & Poor's today affirmed the ratings on most Argentinean public and private sector entities and removed them from CreditWatch negative. The ratings had been placed on CreditWatch March 19, 2001, after a similar action was taken on the sovereign ratings of the Republic of Argentina. The outlook on these entities is now negative, reflecting the outlook on the Republic of Argentina (see list below). A complete list of rated Argentinean entities is available on RatingsDirect, Standard & Poor's on-line credit research service, or by calling Standard & Poor's rating desk at (1) 212-438-2400 or (54) 114-891-2133. The rating action follows Standard & Poor's affirmation of its sovereign credit ratings on the...

Action: Affirmed, Off CreditWatch

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.

- CAPEX S.A.
- YPF S.A.
- Telefonica de Argentina S.A.
- Pan American Energy LLC
- Metrogas S.A.
- Empresa Distribuidora Sur S.A. (EDESUR)
- Telecom Argentina S.A.
- Transportadora de Gas del Norte S.A. (TGN)
- Transportadora de Gas del Sur S.A. (TGS)
- Impsat Fiber Networks Inc.
- Camuzzi Gas del Sur S.A.
- Multicanal S.A.
- Petrobras Argentina S.A.
- Acindar Industria Argentina de Aceros S.A.
- Telefonica Holding de Argentina S.A.
- Buenos Aires (City of)
- Industrias Metalurgicas Pescarmona S.A.I.C.y.F.
- Autopistas Del Sol S.A.
- Compania Internacional de Telecomunicaciones S.A.
- Mendoza (Province of)
- Inversora Electrica de Buenos Aires S.A.
- Empresa Distribuidora Y Comercializadora Norte S.A.
- Compania de Transporte de Energia Electrica en Alta Tension TRANSENER S.A.
- Disco S.A.
- Aguas Argentinas S.A.
- Mastellone Hermanos S.A.
- CTI Holdings S.A.
- Imagen Satelital S.A.
- CableVision S.A.
- Alto Palermo S.A.
- Arte Grafico Editorial Argentino S.A.
- Sodigas Pampeana S.A.
- Camuzzi Argentina S.A.
- IRSA Inversiones y Representaciones S.A.
- Empresa Distribuidora de Energia Norte S.A. (EDEN)
- Empresa Distribuidora de Energia Sur S.A. (EDES)
- AES Ocean Springs Ltd.
- Supermercados Norte S.A.

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